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Text Chapter 33 Joint Stock Company

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    Yang Shaowen held a management meeting at his home to discuss current solutions to the difficulties.  Participants included Yang Yuhua, Lu Tonghai and employee representative Zhang Yi.  Well, there are two little guys, Yang Shaoming and Yang Shaokuan.  They also knew that their family's business was now in trouble, so they took the initiative to make suggestions.  Yang Shaowen first analyzed: "We have many enemies, but we are not without friends. Those Oritos who have greatly increased their incomes with us are our allies. In addition, my husband, Mao Yangxing, is very supportive of us. They provide us with  The machine yarn was given a three-month credit period. " Some time ago, the business of Yang's Cloth Company was getting bigger and bigger. In order to reduce costs, Lu Tonghai went to Shanghai to find the importer of machine yarn directly.  My husband, Mao Yang Company, hopes that they can directly supply goods to Yang's Cloth Company.  The result of the negotiation was very smooth. My husband, Mao Yang Company, not only agreed to supply the goods directly, but also gave Yang's Cloth Company a three-month credit period.  The reason why my husband Mao Yanghang values ??them so much is mainly because of the fertile market in southern Jiangsu.  Yang Shaowen's announcement showed them the key to unlocking this big market.  Lu Tonghai replied: "Yes, I told them the difficulties our business is currently experiencing without any concealment. They did not add insult to injury, and they guaranteed that the three-month credit period commitment is still valid."  "They are just coveting the local gauze market in most of southern Jiangsu, and they think we are still of some use!" Yang Shaowen is fully aware of the plans of her husband Mao Yangxing, but objectively it has also helped him a lot. In the current situation of Buxing  In times of crisis, he can be regarded as a very important ally.  Yang Yuhua said: "But if we want weavers and foreign companies to continue to support us, we need our cloth house to maintain a certain amount of yarn and not reject woven gauze from weavers. In short, we need to let them see that everything in our cloth house is operating normally.  . When our funds are limited and the cloth sales are not going smoothly, it is really difficult for us to accept all the woven yarns from the weavers!¡± In the final analysis, although there are many difficulties, the most urgent thing that needs to be solved is the liquidity.  gradually drying up.  If there is no cash, it will be difficult to lead the team.  Solving the shortage of funds is nothing more than increasing revenue and reducing expenditure.  We first think of ways to reduce expenditures.  Lu Tonghai's opinion: "We can consider appropriately reducing the scale of publication. When our funds return, we can regain the lost market." After Yang Shaowen thought about it, he felt that it was indeed necessary: ??"We must maintain the previous  There is indeed a difficulty in gathering the fabric, and it should be slightly reduced. However, we need to pay attention to how to shrink it. There is no need to reduce the amount of yarn. Since we have a three-month credit period, we will make good use of it and let my husband Mao Yangxing see it.  We have the confidence to persevere." He turned to Zhang Yi and said: "We must not refuse the woven gauze from the weavers. This is related to my credibility and the weavers' confidence in us, but your fleet can sail the ship.  We should make some adjustments to the route and appropriately reduce the frequency of goods collection from villages with a large output of homespun cloth. Those who are willing to pay on credit can increase the price of cloth collection and encourage weavers to give us credit. "These measures will put some financial pressure on machine yarn.  Suppliers and weavers have moved around, and it is not difficult for more careful weavers to spot the fishiness.  But overall, it is much better than the worst case scenario where the cloth bank goes bankrupt and no one comes to collect the cloth.  In difficult times, since we are allies, we should share some of the pressure together.  Zhang Yi nodded silently, and then asked tentatively: "The cloth bank is currently facing difficulties. How about reducing the wages of the brothers appropriately?"  Asking everyone to cut their salaries is just adding insult to injury, and will dissipate people's hearts even faster.  Not only will the salaries of these employees not be reduced, but Yang Shaowen does not intend to cancel the recruitment work for ship expansion that was almost prepared.  This made many people here feel a little incredible.  Yang Yuhua said angrily: "Brother, you are crazy. I don't have the money to pay the new employees here!" "The ships in Baoshanfang are almost built, we can't cancel it!" Yang Shaowen explained to his sister.  "Now that the ship has been bought, it cannot be left idle. There is always a need for men to operate the ship. Therefore, the recruitment work cannot stop." Lu Tong Haiqi said: "We don't need new ships to recruit now.  The original few old ships are not full, what do you want them to do? " "Of course I am useful! " Although Bu Xing is in a difficult situation, Yang Shaowen has never lost confidence. As long as he thinks hard, he can always find a solution to the problem.  key.  He smiled at everyone: "Our cloth business started from mobile cloth collection. I thought about it and solved the current difficulties by starting from mobile cloth sales." Lu Tonghai thought about it and felt that this was indeed a good idea.  Method.  "We are currently having difficulty selling cloth. The main reason is that the local resistance to us is too strong, and foreign merchants dare not do business with us. We sail to other places.If we sell cloth, there is nothing they can do to us.  " Yang Shaowen added: "Compared to other cloth shops, our profit per piece of cloth is 2 cents more than theirs, which can offset our transportation costs.  " With the solution, the people here became obviously more excited, and were not as confused about the prospects as they were at the beginning. " But what about the money?  Brother, the method you mentioned may be able to solve the problem, but water from a distance cannot quench the thirst for nearness.  In three days, the payment for the new ship will be paid to Baoshan Woodworking Workshop. The remaining money will only be enough to pay the employees one month's wages.  " Yang Yuhua felt that she was really a crow's mouth, always pouring cold water on everyone when they were happy, but she had to talk about the difficulties in reality. Lu Tonghai also murmured to himself: "Yes, I go to other places to sell cloth, not much  It is indeed difficult to achieve results within a month.  How to solve the current situation?  " Yang Shaowen said resolutely: "Within three months, we must open up the distribution situation of homespun cloth.  Otherwise, the money from my husband, Mao Yang, would kill us.  "As for the funds needed now, Yang Shaowen also had a plan. He distributed a plan to everyone present. "Joint Stock Company." He wanted to transform his Yang's Clothing Company into a modern joint stock company.  . In his time, there were not many sole proprietorships, and they were generally limited companies. After all, the financial resources and abilities of individuals were limited. Only by gathering the wisdom and wealth of more people could the enterprise develop faster and stronger. "  My plan is to raise funds to invest in shares.  The current assets of Bu Bank are about 2,100 yuan, and I plan to expand it to 4,000 yuan, with a total of 4,000 shares.  The existing assets of Buhang will be used as the capital contribution of our Yang family.  I persuaded Yuan Yicheng to pay 600 yuan for the purchase of the ship as a contribution to their Baoshan Wood Workshop.  I left a subscription quota of 800 yuan for the employees of Bu Bank. All employees of Bu Bank can subscribe, and the money will be deducted from the employees¡¯ monthly wages.  The other 500 yuan is subscribed from the public.  " Subscribing 500 yuan of shares from the public in a short period of time is actually quite difficult. Considering the unfavorable financing situation, Yang Shaowen asked Lu Tonghai to contact her husband Mao Yangxing. "Tong Hai, I hope you can let my husband Mao Yangxing also subscribe a little.  Stock money.  Let them buy it with cash and not use yarn as a deduction.  If they want us to conquer the local yarn market in southern Jiangsu for them, they need to increase their support.  ¡± Deep down in his heart, he was very reluctant to have such a foreign-funded business merge into his small cloth shop. It was just that the situation forced him to make this arrangement in advance.
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